The encryption dealer reveals the worst scenario for Bitcoin in this course-this is his view
The current Bitcoin Bull strategy is the worst possible way for BTC.
Analyst Nickname Donal Recount His 657,500 followers on the social media platform X that it is the possibility of BTC to repeat the breakdown of the medium -class cycle 2021 when it lost more than 50 % of its value in only three months.
While Bitcoin eventually regained all losses by November 2021, BTC failed to install gatherings exceeding $ 69,000 before its bull market suddenly finished.
If Bitcoin followed in the footsteps of the 2021 bull cycle, this will indicate that BTC will recover after a 50 % decrease and put it at the highest new level ever with more than $ 110,000 before abandoning most of its gains when it enters the Bear area.
“For me, the worst case [is] We are here in the course. Excited to see how it is running. “
Instead, I wrote He says The Best Bitcoin Scenario is that it moves away from its half -based cycle. Bitcoin’s half is an event that cuts the Miner BTC bonus in half, which leads to a defect between the supply and demand that previously coincided with the gatherings.
Without a four -year course, Donalt seems to be Suggest BTC will witness that the fixed upward trend without the need for the time market peaks and avoid the winter seasons.
“This course is very calm.
Just take it easily.
If the market ends? Wonderful money for you. If the market decreases? This is what it is, perhaps you will rise again.
The previous sessions were a continuous struggle to sell tops and asphalt, for this session, I have just chose to satisfy the satisfaction. “
Looking at the current condition of Bitcoin, the analyst says that Bitcoin can recover the support of $ 90,000 before this week’s validity ends with BTC continues after a short period of time less than $ 80,000.
“In any way, they can pushed it back above $ 90,000 before the week’s closure, right?”
At the time of this report, Bitcoin is traded for $ 86351, an increase of more than 2 % a day.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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